The Latest Breaking News from BlackRock

Economy and Society, April 4, 2023: Ballotpedia launches database of asset management companies that contract with state pensions

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia · Apr 4, 2023

Adani group officials met Pimco, BlackRock for potential private bond placement

MUMBAI: Adani group executives met US investors, including from BlackRock Inc, Blackstone Inc and Pacific Investment Management Co, as part of its plans to market privately placed bonds for some of its group companies, according to people familiar with the matter.

The Times of India · Mar 30, 2023

Does Elon Musk Now Have Fewer Tesla Shares Than Index Funds?

Elon Musk spent much of 2022 selling off Tesla stock, though he remains the company’s largest individual stakeholder. However, many firms have plenty of shares.

InsideEVs · Mar 29, 2023

Conservative group takes anti-ESG campaign to the next level

It calls ESG an "existential threat to our liberty."

Axios · Mar 8, 2023

Congress rejects ESG in retirement plans

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia · Mar 7, 2023

Texas’ next ESG target will be insurers: ‘We’re gonna teach them some manners’

Texas’ fight against environmental, social and corporate governance policies may soon expand to another front: insurance companies.

Tribune News Service · Mar 6, 2023

Michael Pascoe: Paying dearly for dud management

A funds management company with less gall would be embarrassed to charge fees for what BlackRock has done to its clients.

The New Daily · Mar 2, 2023

House to vote this week on Department of Labor’s ERISA/ESG rule

Fox News reported on February 24 that the U.S. House will vote this week on a measure opposing the Labor Department’s rule allowing ESG consideration in ERISA-governed retirement funds:

Ballotpedia · Feb 28, 2023

The American right has gone to war with 'woke capitalism' – here's what they get wrong

Ron DeSantis, Florida’s Republican governor and likely future presidential contender, has opened up a new front in his party’s war on “woke capitalism”. He is proposing to change the rules around how public bodies within Florida borrow from the markets by issuing bonds.

The Conversation · Feb 24, 2023

This week in the metaverse: BlackRock's new ETF, Titanic artifacts as NFTs, and a Snow Crash Sotheby’s auction

The new BlackRock ETF invests in a bundle of public companies, including Meta, Nvidia, and Apple.

Fortune · Feb 24, 2023